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Bitcoin returns to $98K as Fed holds rates steady despite Trump’s demand


Bitcoin has reclaimed $98,000 for the first time in almost three months after the US Federal Reserve said it would keep interest rates the same for another month.The Fed’s decision to keep interest rates unchanged comes despite mounting pressure from US President Donald Trump, who just weeks...

Senator Launches MEME Act to Halt Trump’s Crypto Cash Machine


The MEME Act targets soaring political profits from meme coins like TRUMP, proposing sweeping digital asset restrictions for top officials in a move igniting intense regulatory debate. MEME Act Takes Aim at TRUMP Token Profits and High-Level Political Abuse U.S. Senator Chris Murphy (D-CT)...

Binance founder CZ asked Trump to pardon money laundering conviction


Binance founder and convicted felon Changpeng Zhao says that he applied for a pardon from US President Donald Trump shortly after denying reports that he was seeking one.Zhao, also known as CZ, said on a Farokh Radio podcast episode aired May 6 that he “wouldn’t mind” a pardon...

Stripe rolls out stablecoin accounts in over 100 countries


Stripe, a global payments platform, has introduced stablecoin-based accounts to clients in over 100 countries. According to a May 7 announcement, the new feature will allow the platform's clients "to send, receive, and hold US-dollar stablecoin account balances, similar to how a traditional fiat...

Trump memecoin dinner attendees could include foreign nationals — Report


At least some of the top holders of Donald Trump’s memecoin who apply to attend a private dinner with the president could be based outside the United States.According to a May 7 Bloomberg report based on an analysis of the top TRUMP tokenholders, 19 of the top 25 wallets on the leaderboard...

Trump memecoin dinner attendees could include foreign nationals — Report


At least some of the top holders of Donald Trump’s memecoin who apply to attend a private dinner with the president could be based outside the United States.According to a May 7 Bloomberg report based on an analysis of the top TRUMP tokenholders, 19 of the top 25 wallets on the leaderboard...

Trump-backed USD1 is now the seventh-largest stablecoin worldwide


USD1, the US dollar stablecoin launched by the President Donald Trump-backed World Liberty Financial (WLFI), has become the seventh-largest stablecoin worldwide in just two months since its launch.WLFI’s snapshot vote for a USD1 airdrop proposal is underway, and USD1’s market...

Trump-backed USD1 is now the seventh-largest stablecoin worldwide


USD1, the US dollar stablecoin launched by the President Donald Trump-backed World Liberty Financial (WLFI), has become the seventh-largest stablecoin worldwide in just two months since its launch.WLFI’s snapshot vote for a USD1 airdrop proposal is underway, and USD1’s market...

Crypto miner deserts Pennsylvania site, fails to plug wells: Report


Cryptocurrency miner Diversified Energy quietly vacated a natural gas-powered crypto mining site in Elk County, Pennsylvania, reportedly leaving behind unplugged wells and regulatory violations.The site, known as Longhorn Pad A, was revived in 2022 after sitting dormant for nearly a decade when...

Bitcoin-backed loans ‘obvious’ next step — Xapo Bank CEO


Bitcoin holders are becoming more comfortable borrowing against their crypto as market confidence grows, according to Seamus Rocca, CEO of the Gibraltar-based private bank, Xapo Bank. In an interview at the Token2049 event in Dubai, Rocca told Cointelegraph that with Bitcoin (BTC) hovering...

Democrats aim at Trump’s crypto profits with a 3-prong pincer move


US Democrat lawmakers have launched a multi-angle attack on President Donald Trump’s crypto ventures with two bills and a subcommittee inquiry aimed at cutting his ability to profit from the initiatives.   The Modern Emoluments and Malfeasance Enforcement Act, or the MEME...

FT report suggests advance knowledge of Melania Trump memecoin launch


A group of crypto traders reportedly purchased millions of dollars worth of Melania Trump’s memecoins minutes before she announced the launch on social media.According to a May 6 Financial Times report, the crypto traders earned roughly $100 million from buying $2.6 million worth of MELANIA...

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